Don Tapscott – The man behind Blockchain Research ...

Our COO @czhuling will join the #Binance 'Off the Charts' Live Panel

Our COO @czhuling will join the #Binance 'Off the Charts' Live Panel
Register here to view it live: https://www.eventbrite.com/e/binance-off-the-charts-virtual-conference-tickets-108855951080

Gold Sponsors: aelf, VITE, Elrond Network, Alchemy, IOST

https://preview.redd.it/qleatsyvnma51.png?width=1102&format=png&auto=webp&s=2eabbe1439f2140f871f7eecdf883305a8a9fc06
Binance presents the “Off the Charts!” Virtual Conference, on July 14, 2020, from 9:00 AM to 7:00 PM (UTC).

About this Event

On July 14, 2020, join Binance as we kick off our third anniversary with one of the biggest blockchain events of the year.
Get the latest news and updates on all things blockchain and crypto, and take an exclusive look at what’s coming next at our “Off the Charts!” Virtual Conference, a blockbuster 10-hour live event with multi-regional programming that brings together 80+ influential speakers, including leading blockchain and crypto innovators, business and technology leaders, influential academics, and key policymakers.
Expect to hear the latest insights on the blockchain ecosystem from some of the industry’s most prominent leaders and visionaries. Join our can’t-miss event with powerful talks, breakthrough panels, opportunities to win prizes, and much more.
The “Off the Charts!” Virtual Conference will feature five segments with spotlights on regions making a significant impact in the space: Europe & the UK, Asia-Pacific, Russia & CIS, Africa & Middle East, and North America & LATAM.
Discover an array of keynotes, panels, and fireside chats, on these following themes and more:
  • Powering Crypto Growth: Local blockchain trends and evolving technologies that are transforming crypto awareness and adoption.
  • Crypto Meets Traditional Finance: Exploring opportunities for integrated and parallel development.
  • Blockchain and Global Health: Crypto’s appeal in today’s volatile environment.
  • Policy and Regulation: Spearheading community initiatives through cooperation and investment.
  • Trading Strategies and Technical Analysis: Training and insights to improve your trading.
Hear from these speakers and more:
  • Akon - Chairman & Co-Founder, Akoin
  • Cliff Liang - Director of Solutions Architecture, Amazon
  • David Ferrer Canosa - Secretary for Digital Policies, Government of Catalonia
  • Don Tapscott - Executive Chairman, The Blockchain Research Institute
  • Oleksandr Bornyakov - Deputy Minister, Ministry of Digital Transformation of Ukraine
  • Perianne Boring - Founder and President, Chamber of Digital Commerce
  • Changpeng Zhao (CZ) - Founder & CEO, Binance
  • He Yi - Co-Founder & CMO, Binance
  • Aarón Olmos - Economist, Olmos Group Venezuela
  • Alex Saunders - CEO & Founder, Nugget's News
  • Anna Baydakova - Reporter, CoinDesk
  • Anton Mozgovoy - Head of Product, Jthereum
  • Apolline Blandin - Research Lead, Cambridge Centre for Alternative Finance
  • Beniamin Mincu - CEO, Elrond
  • Bobby Ong - Co-founder, CoinGecko
  • Brendan Eich - CEO & Co-founder, Brave Software
  • Bruno Diniz - Managing Partner, Spiralem Innovation Consulting
  • Calvin Liu - Strategy Lead, Compound Labs
  • Camila Russo - Founder, The Defiant
  • Carlos Rischioto - Client Technical Leader & Blockchain SME, IBM
  • Carylyne Chan - Interim CEO, CoinMarketCap
  • Catherine Coley - CEO, Binance.US
  • Charles Hayter - CEO, CryptoCompare
  • Charles Hoskinson - Founder, Cardano
  • Charlie Shrem - Host, UntoldStories.Com
  • Chimezie Chuta - Founder, Blockchain Nigeria User Group
  • Darius Sit - Partner, QCP Capital
  • David Ferrer Canosa - Secretary for Digital Policies, Government of Catalonia
  • Denis Efremov - Investment Director, Da Vinci Capital
  • Don Tapscott - Executive Chairman, The Blockchain Research Institute
  • Eric Turner - VP, Market Intelligence, Messari
  • Erick Pinos - Americas Ecosystem Lead, Ontology
  • Ernesto Contreras Escalona - Head of Business Development, Dash Core Group
  • Eugene Mutai - CTO, Raise
  • Genping Liu - Partner, Vertex Ventures
  • Hany Rashwan - CEO, 21Shares AG
  • Harry Halpin - CEO, Nym Technologies
  • Hongfei Da - Founder, Neo
  • Igor Runets - CEO, BitRiver
  • İsmail Hakkı Polat - Cryptocurrency & Blockchain Lecturer, Istanbul Kadir Has University
  • Jamie Burke - CEO, Outlier Ventures
  • Jiho Kang - CEO, Binance.KR
  • John Izaguirre - Europe Ecosystem Lead, Ontology
  • John Khenneth Parungao - COO, SwipeWallet, Inc.
  • Jon Karas - President & Co-Founder, Akoin
  • Jorge Farias - CEO, Cryptobuyer
  • Joseph Hung - Director of Market Strategy, Klaytn
  • Joseph Lubin - CEO, ConsenSys
  • Juan Otero - CEO, Travala.com
  • Justin Sun - Founder, TRON & CEO, BitTorrent
  • Kristina Lucrezia Cornèr - Managing Editor & Head of Features, Cointelegraph
  • Ken Nakamura - CEO, GMO-Z.com Trust Company
  • Konstantin Goldstein - Principal Technical Evangelist, Microsoft
  • Kyle Samani - Managing Director, Multicoin Capital
  • Lucas Nuzzi - Head of Network Data, Coin Metrics
  • Mai Fujimoto "Miss Bitcoin" - Founder, KIZUNA
  • Matt Marx - Co-Founder, PhishFort
  • Meltem Demirors - Chief Strategy Officer, CoinShares
  • Mengdie Wang - CEO, Odaily
  • Michael Feng - CEO, Hummingbot
  • Michael Gu - Founder, Boxmining
  • Michelle Chivunga - Founder, Global Policy House
  • Mo Dong - Co-founder, Celer Network
  • Munachi Ogueke - Chief Business Officer, YellowCard Financial
  • Naveen Surya - Chairman, Fintech Convergence Council
  • Navin Gupta - MD MENA and South East Asia, Ripple
  • Nick White - Co-founder, Harmony
  • Nischal Shetty - CEO, WazirX
  • Pang Xue Kai - CEO, Tokocrypto
  • Paul Veradittakit - Partner, Pantera Capital
  • Perianne Boring - Founder and President, Chamber of Digital Commerce
  • Patrick Dai - CEO, Qtum Chain Foundation
  • Patrick Heusser - Senior Trader, Crypto Broker AG
  • Peter DeMeo - Global Market Development Leader, IBM
  • Priscila Yazbek - Editora de Finanças, InfoMoney
  • Rachel-Rose O'Leary - Researcher, Dark Renaissance Technologies
  • Rich Teo - Co-founder & CEO Asia, Paxos
  • Richard Yan - COO, Vite Labs
  • Robert Kopitsch - Secretary General, Blockchain for Europe
  • Roei Levav - CEO, Efficient Frontier
  • Rune Christensen - Co-founder, MakerDAO
  • Sam Bankman-Fried - CEO, FTX
  • Sandeep Nailwal - COO, Matic Network
  • Sean Rolland - Director of Product, BitPay
  • Senator Ihenyen - Lead Partner, Infusion Lawyers
  • Sergej Kunz - CEO, 1inch.exchange
  • Sergey Shayakhmetov - CBDO, Sberbank Blockchain Lab
  • Shi Shawn - Co-founder, Alchemy Pay
  • Sonya Kuhnel - COO, Xago & Co-Founder, Bitcoin Events & Blockchain Academy
  • Terry Wang - Co-founder, IOST
  • Thaise Saeter - CMO, Convex Research
  • Thamim Ahmed - Researcher, University College London
  • Tom Lee - Head of Research, Fundstrat Global Advisors
  • Tyler Spalding - CEO, Flexa
  • Veronica Wong - CEO, SafePal
  • Viktor Radchenko - Founder, Trust Wallet
  • Winpro Yan - Chief Editor, Mars Finance
  • Yele Bademosi - CEO, Bundle Africa
  • Zhuling Chen - COO, Aelf Blockchain
Stay tuned as speakers and more themes are announced in the coming weeks! For more details, read our blog post here and visit our event website here.
During the livestream, we will be holding special #BinanceTurns3 activities for viewers and giving away limited-edition prizes, swag, and collectible NFTs at various points throughout the livestream. Availability is limited! Register today!
Binance Awards 2020
Join Binance as we celebrate the standout innovators and businesses that have made sizable contributions, both to our community and to our blockchain ecosystem. Winners will be announced during our live event, and results will be published on our blog afterwards.
Register on Eventbrite today and tune in to the “Off the Charts” Virtual Conference on July 14, 2020, from 9:00 AM to 7:00 PM (UTC).
--------
Thank you to our partners for helping make this event possible!
submitted by Floris-Jan to aelfofficial [link] [comments]

Consensus 2018 Report (Continuous Updates Through May 17th)

Happy Wednesday! We are live!
Consensus Short Statistics
State of Blockchain
Don Tapscott
-"We are entering a new era of trust"
-Generally remarked on the benefits of blockchain. Identified the 7 types of crypto assets (Currencies, Collectibles, Stablecoins, Natural Asset Tokens [Representing minerals, water], Utility Tokens, and Security Tokens.)
FedEx
As I remarked in my comment earlier, FedEx is incredibly bullish on blockchain technology generally, but specifically in it's applications for cross-border shipping and asset-tracking. As I learned, the definition of what constitutes a "coffee cup" differs from place to place. Using blockchain, Smith says, FedEx can protect against unforeseen obstacles at customs. "Information about the package is as important as the package itself," he claims, further adding that the risk of experimenting with cryptocurrency is "de minimis" when compared to its alternative. During the session, FedEx unveiled "Trons", bluetooth-enabled sensors integrated with blockchain first announced in 2016.
Jim Bullard, St. Louis Fed
Fantastic, informational lecture regarding the history of currency and how civilizations have reacted to various implementations. Generally, Bullard notes, humans want a uniform currency. He compared cryptos with state/provincial bank notes, citing the problems faced with exchange, regulation, and value verification. We haven't yet realized this problem with cryptocurrencies since the market cap is relatively small.
Insightful statistics about and charts comparing GDP to the inflation/exchange rates of the DollaYen. Surprisingly, the volatility charts look worse than Bitcoin. Catch all of these when the videos are released later this week.
Summarizing, Bullard claimed that there will be a plurality of coins sharing the ecosystem, each providing a specific use. The Federal Reserve will likely mint a fiat/cryptocurrency that represents a stable stock of U.S. dollars sometime in the mid term future.
Jed McCaleb
I spoke with Jed of the Stellar Foundation. This is a Bitcoin subreddit, so I'll skip this part. You can find the full transcript of his thoughts here.
Charlie Lee and David Schwarz
Both spoke on a panel about interoperability between Bitcoin, Litecoin, Ripple, etc. Developers better understand that most cryptocurrencies can interface as long as they use the same "hooks". Schwartz compared this ideal system akin to TCP-IP; a minimal framework making as few technological demands as necessary.
An ecosystem with multiple coins utilizing different security protocols and consensus mechanisms is "good for Bitcoin". In a theoretical world where power becomes abundant, what happens to PoW? We want the ability to migrate to a new protocol without upending the entire financial system. In a world where security is compromised, redundancy is critical.
Lee sees UI as the next significant hurdle. Not for speculators, but for mom-and-pop investors without much tech savvy.
TxTenna
-Hardware to expand and facilitate mesh networks.
-Even if you own Bitcoin, transfer can be censored/inhibited through the network communicating the transaction to the blockchain.
-Using mesh networks, we bypass many of these constraints dealing directly with sovereign ISP's.
-This is fantastic for Bitcoin users in 3rd world countries/those with oppressive regimes. I will leave this to your imagination.
RSK
-Smart contract platform on top of the Bitcoin protocol. -Ecosystem challenges (Tx costs, security, scalability) -Tx cost is $0.035 - +10% hashing power -Up to 100 tps. -Next -Payment channels (Lumino) -Predicability (Fiat-based fees) -Decentralization (BTC and RSK full-node rewards) -Interoperability (inter-blockchain integration) 
I'm sorry if you find this post lacking/off topic. Attempted to refine down to only what might be relevant to a Bitcoin trader. Even if Bitcoin isn't specifically mentioned, many of these innovations/philosophies will apply to the crypto space generally and, thus, to Bitcoin.
It's already the end of Day 2 and I'm finishing the write-up for D1. I'll compile D2 and D3 for brevity's sake. Most of this news is now relatively (a day) old.
Thanks for your attention and help supporting the crypto revolution.
P.S. "Where is my Consensus boost!? I thought BTC should be $10k by now!"
Historically, the Consensus Boost happens several weeks after the event, likely as news disseminates.
OH FUCK
I FORGOT
Joseph Lubin bets BlockChain Capital's Jimmy Song, "any amount of Bitcoin" that blockchain will have widespread enterprise adoption within 5 years
Day 2
Will try an update. Sitting through, eToro will be opening business in the United States, launching a wallet shortly after. Users can view successful traders' profiles and subscribe to their trades, copying them second-by-second.
Circle announces a USD stablecoin and crypto wallet.
HTC announces a crypto phone.
Deloitte releases preview of cryptocurrency report, shows majority of companies pursuing blockchain.
-"But this is just blockchain". Yes, and a rising tide lifts all ships.
The Magical Crypto Friends Live From Consensus. Warning, shitty audio.
-Founders of several currencies (Litecoin, Monero) discuss Buffett, Bitcoin, and other BS. 56 minute duration. For the hardcore.
Day 3
Alright!
Ledger
-Announcing a consortium for investors/institutions who manage multiple accounts. Today, Ledger Nano S is really only useful to the individual owner.
-Called, "Komino"? (Japanese Script).
-Isn't this compromising the dream of Satoshi? Speaker thinks no. The dream is that everyone can use Bitcoin as they see fit. Large companies can have positions in Bitcoin without changing the life of crypto maximalists who can still use cryptocurrencies.
-Bankers have the right to "Go full Moon and lambos".
Polymath
-The next big wave in crypto are Security Tokens.
-Real estate, equity in companies.
-Amongst crypto VC founders, Security Tokens will comprise 50-90% of the crypto market in the coming years. Currently, the share is approximately 1%.
-You can create a security token right now. Log on here and try the demo.
-First blockchain telegram to reach 50,000 users.
-Integrating with tZero. All new securities should have liquidity out of the box.
-ST-20. A security token standard designed to ameliorate many of the issues with fragmented ICO's.
-Launching a ST Venture Fund, "Polymath Capital".
-New CoinMarketCap competitor. "Tokens.com". Perhaps they'll finally force some innovation on the CMC side.
-Polymath 2.0 TestNet now live.
BlockStack
-Internet 3.0 is here. Mesh networks, decentralized data, crypto assets. We are not storing data with companies anymore, we are personally responsible. One day, we will have a universal ID that removes the need for a rolodex of passwords, usernames, and security questions.
-BlockStack members advise on Silicon Valley. Fun fact.
-Infrastructure and speculative investment grew from less than $100B in January, to $100B in May, and, finally, over $600B by November.
-Sounds like a dApp talk. They're making iTunes for dApps. I'll come back when he says, "Bitcoin".
Jack Dorsey and Elizabeth Stark
-Jack first heard of Bitcoin in St. Louis via a group of Cypherpunks.
-Appreciated the complexity of code, but didn't realize the potential just yet.
-Met some engineers who wanted to build a Bitcoin solution for Square. Buyers/sellers could accept Bitcoin without knowing they were using Bitcoin.
-Community "felt like Usenet" as it developed between 2014 and 2017. "Felt electric".
-Claimed Square's strengths are speed and simplicity. Credit cards are complex and often emotional. Talking about the Cash app, the goal is to revisit the coffee purchase of old and make it feasible using Bitcoin.
-"We have evidence to show people are using this as their primary spending account, their primary bank account, and, in some cases, their only bank account."
-"We have people that have been blocked from entering the financial industry." Even merchants had problems accepting payments. "Reaching the underserved, reaching the unbanked", he says, feels good.
-On Square adopting Bitcoin. "It was certainly contentious within our company." "I guess we always take the mindset that we can't wait for things to happen to us...If we want responsible uses...then we have to make that happen, we have to do the work to educate regulators, educate the SEC, show that we can provide more access to more people...give people a chance to participate in the economy...still a lot of disagreements and fights, but that's where the magic happens. We really push through, and this tested us. There was certainly a spotlight on us because of that fact, but there are a lot of unknowns. We ran towards them."
-On the future, the potential of Bitcoin. "The internet deserves a native currency. It will have a native currency. I don't know if it will be Bitcoin or not, but I hope it will be. I appreciate the technology so much; the principles behind it. Using the guide that the Internet will have a global currency...it's going to happen. As a company, as individuals, we need to learn how to make that happen. The biggest thing I worry about as a company is there is so much openness within the community, I hope nothing corporate will come in and threaten it." Protecting the open-source nature of the work. "This is a discussion I have a lot with Mike and the team. No one company or corporation should own this. This is the main question of everyone I meet in the community. We have a completely open mindset to ensure this remains a completely open platform. Let's not wait for it to happen. Let's do our part to encourage it to be used in healthy ways and ensure that everyone has access to it. If we ever go astray call us out. We can't do any of this without the technology being strong and available to everyone."
-"Obviously we are a centralized organization that benefits from decentralization. It's a theme of conversation within our organization and we're looking to decentralize our workforce. Cash is an interesting application in our company." Going to Australia next week to check in with the local team there. They are agnostic on what locale partners decide to nest in.
-Large corporate HQ's like Twitter and Square, "are a thing of the past". People will be able to work from wherever they please.
-"Nobody is going to a bank for a $6,000 loan. They're going to friends and family." They can all be served with this technology.
-Hesitates to make articulated 5-10 year predictions, prefers patience and iterating as each year develops. "We want to go back to the original idea of being able to purchase a coffee with it. That's why we're working with you. Whatever it takes to get there, we're going to try and make it happen." Encouraging more access to the financial space is the primary objective of the Square organization.
-"Over the past two years since we've really pushed our way into this, I've felt that electricity"
-Elizabeth Stark feels like she's living through the mid-90's again, "In a positive way".
-Stark is an optimist. "Really seeing the value behind the means of transacting without a middle party." It wasn't until Satoshi's whitepaper did we have the means to build a solution to this problem.
-"Our goal with Lightning is to enable an application layer like the Internet". -Stark
-On potential, compelling apps built on Bitcoin. "As I said, there's just so much to trust, to identity, to decentralizing almost everything we use today in a centralized way. We get the power of the crowd, the ability to see so many amazing perspectives and opinions to make our answers much better. I don't think about that as much as I think about what we need to focus on."
-On what they need to focus on. "There's a desire for more. There's definitely an incentive to hold the technology and encourage a mindset of saving rather than spending. But making it easier to spend, easier to transact, easier to do the everyday is what we need to focus on. We aren't necessarily going to be the company that comes up with the right frameworks or technologies, but I'm confident we'll be part of facilitating the process."
-The ultimate relationship with a regulator is that of education, Dorsey claims.
-On becomng a global company. "If we were ever able to use it as a payment mechanism today, we could release it all over the world opposed to the 5 markets we're in today. With each market, we have to find a banking partner, work through the regulatory." Only way to accept credit cards in Japan involved a 15-minute interview with an official. There is a large amount of legacy legislation that hampers adoption.
-On the next steps of democratizing finance. "Hardest part is continuing this conversation...certainly the regulatory bodies around the world, the banks..." Slowly but surely, Square is converting Goldman Sach's-types, showing them the reasons behind the movement. Having, "healthy discussions at the board level."
-On advice getting started in the industry. "Follow the conversation on Twitter, first and foremost. (laughter) And not just follow." When he first followed the industry, he felt like he had nothing to contribute. Join the conversation, express a point of view. "So many people fear expressing an opinion...instead of treating it like a conversation". "While you follow these conversations--jump in. People are going to think you're weird, they'll disagree with you, but you'll sharpen your opinions...find where they resonate." Pursue success from there.
BCash
I visited the BCash table and asked the representative to respond to claims that the company was causing label confusion amongst BTC and BCH. She locked up, asked if I was press, and, "was not at liberty to discuss the topic".
Scam. Scam. Scam. Did I say scam?
That's it for Bitcoin! Thanks for playing Consensus 2018!
I have tons of photos to upload, which I'll share in the Daily General Discussion as they come online.
submitted by MysteriousBarber to BitcoinMarkets [link] [comments]

11 Books about Ethereum/Solidity/Blockchain/Trading.

Greets, everyone.. So I made a list of the best books out there about Ethereum/Solidity/Trading and a few about Blockchain in general to the people that want to get involved deeper and perhaps develop any Dapp or get better at Day trading.
Hope you like it.
Ethereum: Blockchains, Digital Assets, Smart Contracts, Decentralized Autonomous Organizations • by CreateSpace Independent Publishing Platform
Amazon Link
Book Picture
The book aims to help you get your head around blockchains in general and around Ethereum specifically. Since Ethereum is currently the pre-imminent blockchain, it makes sense as reference point. The essential stuff is the same for any blockchain. This text was written for people with a fast grasp, who are not programmers. Reading this should give you the basics to cut through the hype and to identify blockchain opportunities in your professional domain. There are tiny bits of code, which can be admired and skipped.
Introducing Ethereum and Solidity: Foundations of Cryptocurrency and Blockchain Programming for Beginners • by Apress
Amazon Link
Book Picture
Learn how to use Solidity and the Ethereum project – second only to Bitcoin in market capitalization. Blockchain protocols are taking the world by storm, and the Ethereum project, with its Turing-complete scripting language Solidity, has rapidly become a front-runner. This book presents the blockchain phenomenon in context; then situates Ethereum in a world pioneered by Bitcoin.
Mastering Ethereum: Building Smart Contracts and Dapps 1st Edition (Pre Order)
• by Andreas M. Antonopoulos (Author), Gavin Wood (Author)
Amazon Link
Book Picture
With this practical guide, you’ll learn how to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract), and many other things that have not been invented yet, all without a middle man or counterparty risk.
Ethereum Programming – August 4, 2017
• by Alex Leverington (Author)
Amazon Link
Book Picture
This book shows you how to build decentralized, resilient, unstoppable apps with Ethereum. We'll start with the basics, what ether is and how to acquire and use it, what DApps are and how they're relevant for developers and businesses of all sizes. Then we dive straight into examples that explore the concepts. Moving on, we'll design and build powerful, unstoppable applications that use Ethereum for their state storage. Finally, you'll see how to test and launch your app to provide resilient, unstoppable, reliable services to your users.
Blockchain Revolution: How the Technology Behind Bitcoin Is Changing Money, Business, and the World • by Don Tapscott , Alex Tapscott ( No1 Best Seller Money & Monetary Policy & Digital Currencies)
Amazon Link
Book Picture
Blockchain is the ingeniously simple, revolution­ary protocol that allows transactions to be simul­taneously anonymous and secure by maintaining a tamperproof public ledger of value. Though it’s the technology that drives bitcoin and other digital cur­rencies, the underlying framework has the potential to go far beyond these and record virtually everything of value to humankind, from birth and death certifi­cates to insurance claims and even votes.
The Business Blockchain: Promise, Practice, and Application of the Next Internet Technology • by William Mougayar (Author), Vitalik Buterin (Foreword)
Amazon Link
Book Picture
The Business Blockchain charts new territory in advancing our understanding of the blockchain by unpacking its elements like no other before. William Mougayar anticipates a future that consists of thousands, if not millions of blockchains that will enable not only frictionless value exchange, but also a new flow of value, redefining roles, relationships, power and governance. In this book, Mougayar makes two other strategic assertions.
Blockchain: Blockchain, Smart Contracts, Investing in Ethereum, FinTech • by Jeff Reed
Amazon Link
Book Picture
Learn About the Emerging World of Financial Technology, and What They Won't Teach You In School.. Jeff Reed has packaged four of his best-selling book so you can learn everything you need to know about financial technology in the 21st Century. By purchasing this book you're getting Blockchain, Smart Contracts, Investing in Ethereum, and Smart Contracts...a sweet 4-in-1 bundle deal (which Jeff considers a steal)!
Investing in Ethereum: The Ultimate Guide to Learning--and Profiting from--Cryptocurrencies • by Oscar Flyn
Amazon Link
Book Picture
Ethereum is now one of the hottest platforms to trade cryptocurrency on today. It’s growing by leaps and bounds every day, and it offers a different range of services that Bitcoin just doesn’t deliver. It’s also fairly simple to understand and is a low to no cost system to start on. Now, in this book, you’ll get the inside look at this new and virtually untapped network--. You’ll learn all about Ethereum, it’s amazing benefits, its relationship to bitcoin, its decentralized nature, and the potential pitfalls to watch out for.
The Internet of Money • by Andreas M. Antonopoulos
Amazon Link
Book Picture
Andreas goes beyond exploring the technical functioning of the bitcoin network by illuminating bitcoin’s philosophical, social, and historical implications. As the internet has essentially transformed how people around the world interact and has permanently impacted our lives in ways we never could have imagined, bitcoin -- the internet of money -- is fundamentally changing our approach to solving social, political, and economic problems through decentralized technology.
Ethereum: A look into the world of Ethereum and how to trade and invest this cryptocurrency! • by Ben Abner
Amazon Link
Book Picture
You’re about to discover how to... I want to thank you for downloading the book, Ethereum Trade and Investment. This book contains all the information that you need to know about Ethereum in a compact and to the point format. The book is targeted toward people who love to learn about investing, trade and new money making opportunities.
Mastering Bitcoin: Unlocking Digital Cryptocurrencies 1st Edition • by Andreas M. Antonopoulos
Amazon Link
Book Picture
Mastering Bitcoin is essential reading for everyone interested in learning about bitcoin basics, the technical operation of bitcoin, or if you're building the next great bitcoin killer app or business. From using a bitcoin wallet to buy a cup of coffee, to running a bitcoin marketplace with hundreds of thousands of transactions, or collaboratively building new financial innovations that will transform our understanding of currency and credit, this book will help you engineer money. You're about to unlock the API to a new economy. This book is your key.
Edit: 1 Book added Suggested by: scarpoochi
Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money • by Nathaniel Popper
Amazon Link
Book Picture
Bitcoin, the landmark digital money and financial technology, has spawned a global social movement with utopian ambitions. The notion of a new currency, maintained by the computers of users around the world, has been the butt of many jokes, but that has not stopped it from growing into a technology worth billions of dollars, supported by the hordes of followers who have come to view it as the most important new idea since the creation of the Internet.
Msg me if you want me to add another book (affiliate links)
submitted by bjarkespades to ethtrader [link] [comments]

SAPE Inc. wrote a quick review on Jibrel Network

Jibrel Network
Name:
According to Muslim belief, God revealed the Quran to the Islamic prophet Muhammad through the angel Ǧibrīl - (Gabriel in English) This divine messenger was the emissary of God who connected the heavens to the terrestrial plane. In choosing the name Jibrel, the project leaders aim to be the bridging point between the earth, i.e contemporary traditional finance, and the heavens: finance of the future conducted on the blockchain.
Team:
-Talal Tabbaa(Co-founder, Business Development Leader): Is a part part of the founding team having graduated as an industrial engineer from Purdue university. His professional career prior to Jibrel involves financial advisory with Price Waterhouse Cooper and managing a private Saudi investment fund for a member of the royal family (~3 Bn AUM).
-Yazan Barghutti(Co-founder, Project Lead): Yazan is a UCL chemical engineer whose previous roles centred around management consultancy and data science spheres within the Oliver Wyman and Deloitte organisations. He has advised assets of over 1 trillion $ and has extensive experience in capital and financial markets in the US and GCC. He has extensive experience in capital and finance markets within the USA and GCC, managing assets over 1 trillion dollars in total.
-Victor Mezrin(Co-founder, CTO): Victor graduated with a masters Degree in physics from Moscow State University, and is a veteran in the crypto field having run one of the top 3 mining pools (pool.mn). He has over 10 years technical experience along with proficiency in C++,C, Python, Java, C#, PHP, JavaScript and solidity programming languages.
-Hamzeh Kolaghassi(Operations Lead): Hamzeh graduated from Marymount University and started working in the financial field as a financial advisor and investment manager in 2011.
-Nick Marinin: (UX/UI dev)

-Aleksey Selikhov Developer (Back-end)

-Ivan Violentov Developer (Front-end)

-Nikita Shchipanov (Web Analyst)

-Rust Khusyainov (Illustrator)

-Aleksey Smirnov (DevOps Engineer)

-Yuriy Homyakov Developer (Back-end)

-Nikita Shchipanov (Web Analyst)

-Anna Bordunova (Public Relations)

Further recruitment was confirmed in May 2018.
Advisors: -Don Tapscott: This legendary investor, business manager and author has become a big name in the blockchain scene in recent years, being best known for his consulting position on the ICON project and his bestselling book, The Blockchain Revolution. Tapscott’s authship is by no means limited to cryptocurrency and his book Wikinomics was a bestseller on the business book charts. -Moe Levin: Levin is also an all-star of the crypto scene. Since 2013 he organizes conferences for all industry representatives. His keynote conferences are among the most influential in the industry and he hold advisory positions on many promising projects. -Abbaz Zuaiter, Zuaiter was Chief Operating Officer of Soros Fund Management between 2002 and 2013. -Ruslan Gavrilyuk (CryptoFinance Advisor CEO & Founder of TaaS Fund) -Saul Hudson (Communications Advisor, GM at Thomson Reuters) -Mohammad Al Sehli (MENA Advisor, CEO & Founder of Arabian Chain)
If one was to compare the panel of advisors for each and every project in cryptocurrency, The Jibrel Network’s board of advisors would certainly be within the top 1 percentile. They have struck the right balance in their blend of experts within blockchain and within he world of conventional finance, so that the project is connected to every area of business and finance it needs to be in order to develop the vision of the founders. A perfect example of this is Don Tapscott’s presentation to Bank of England in March 2018 where he extolled the virtues of cryptocurrency and blockchain technology.
ICO: The ICO ran from 27/11/2017, to 27/12/2017, ending weeks before it was supposed to, and saw all 155 million ERC-20 JNT tokens sold at a price fixed at 0.25 USD. Both Bitcoin and Ethereum were accepted during the token sale in addition to fiat contributions facilitated by Bitcoin Suisse AG. The revenues in Bitcoin and Ethereum were sold immediately after the ICO (at $ 300 an ether and $ 4500 for a bitcoin) to avoid speculation with investors' funds. The remaining 45 million JNTs that have been withheld are paid out to the team after 3-5 years. The extreme length of the token locking period for team members shows the huge amount of confidence that the project leaders have in this project.
Vision:
In order to understand the vision of Jibrel in more detail, one must look at the state of the contemporary financial system. On the one hand, we have classic investment products such as bonds, gold, real estate, company shares and Fiat. Let's take a look at how transactions involving traditional assets will operate. Currently, we have a concentration of power where individual financial intermediaries clear the transactions for high fees. In addition, 2 billion people worldwide have no access to traditional banking and therefore rely on service providers MoneyGram or Western Union for international remittances.
The fees involved in transactions using Western Union for example can be exhorbitant and sometimes prohibitive. Other negative aspects of these kinds of service providers are the lengthy wait for transactions to clear and the effect of weekends and bank holidays on service operations. Through use of blockchain technology it is possible to avoid all of these negative aspects of current payment systems and transfer value in an extremely cheap safe and speedy manner, with possession of a mobile device being the only necessity within this new method of transacting.
However, the volatility risk is not to be understated. If we put ourselves in the position of a manual laborer from India who works in Dubai and earns just enough to send $ 100 a month to his family back home, we can better analyse the advantages and disadvantages of each form of transaction . For various reasons, be it regulations, the length of stay or simply because of the associated fees, the worker has no bank account with which he can transfer the money. The only way to send money free of volatility and without being tied to a bank account is to pay the approximate $10 processing fee to a service provider like Western Union, a fee which can mean 10-15% less cash sent home to relatives.. The cheaper and faster alternative would be to buy $100 worth of cryptocurrencies in Dubai and to make a simple blockchain transaction to send the corresponding value in rupees back to India. At first glance, this may seem like a more attractive alternative but drawbacks such as price volatility as well as tax and legal implications must be considered. The value of the cryptocurrency purchased may fluctuate by as much as 10% between purchase in Dubai and receipt in Indian and the resulting profit could be subject to capital gains tax.
Products:
The Jibrel Network’s range of products are aimed at tackling problems such as the scenario described above as well as many other inefficiencies and failings in the current financial system. The first and most significant of these the Crypto Depository Receipt (CryDR) builds on the existing depository receipt instrument in order to facilitate global transactions involving currencies or securities. The total volume of depository receipts issued in 2016 was $2.9 trillion which shows the potential magnitude of the endeavour the project founders are undertaking.
For example, Jibrel, in collaboration with central banks, will initially issue $USD, AED and KRW on the Ethereum Blockchain as so-called jCash tokens. Which can then be purchased in exchange for the JNT token. For our example, this means that the worker in Dubai buys the JNT token and then sends it to Jibrel. In return, he receives dirham tokens, so-called jAED in the same value. The tokens he receives remain stable in value regardless of market volatility, allowing them to be used as a potential means of payment weeks later, or to be converted back to fiat currency. Besides the peer-to-peer crypto-fiat JCash initiative, The Jibrel Network plans to tokenize a great many other financial instruments as CryDRs, such as bonds, gold, company shares and real estate. At present, there are many pilots on going between Jibrel and distinguished institutions that are in future make use of the technology. Jordan's Central Bank and the DFSA (Dubai's Financial Service Authority) are known to be taking part as in pilots we speak. Moreover, Talal confirmed at a conference that a central bank of one Europe nation is also piloting with Jibrel, however the name of the country has not been made public yet.
Use cases:
The issuance of shares by CryDR will be piloted usually in cooperation with a venture capital firm. In the future, cost-intensive IPOs of small companies can be replaced by the issuance of CryDRs, which can then be acquired with the JNT token. According to Jibrel founders, registering and trading real estate on the blockchain proves to be a difficult proposition. There are numerous bureaucratic obstacles that must be traversed and legislative progression to be made by the respective governmental entities of individual countries before the trading of land or real estate is possible on the blockchain. Some countries are committed to the introduction of blockchain technologies on a wide scale which will run parallel to their current systems and eventually may replace them, which will allow the trade of real estate to flourish in future. The United Arab Emirates, for example, has announced that the country's primary goal is to largely replace the bureaucracy by 2020 with the use of blockchains.
Bigger picture:
It is important to clarify the economic implications associated with the issuance of assets on the blockchain. A small business IPO can cost up to 500000 USD and involve regulatory hurdles that prohibit the majority of small time investors from participating. Alternatively, it was possible for companies seeking funding to be funded by venture capital. Liquidity and access to risk capital has so far been limited due to the lack of an open and transparent risk capital market. The increased liquidity provided by blockchain technology enables company shares and real estate to be traded worldwide in the smallest of volumes, with an internet connection being the only prerequisite for inclusion in the system. Extensive new opportunities are now available to investors, startups and estate agents. For example, a construction project or a start-up can be financed by several thousand investors, who then count as legal owners of the property / start-up. In this innovative system entrepreneurs are less reliant on the capital provided by a few large investors, with the investor base expanded. Furthermore, the "smart regulation" of the tokens allows the automated cash flow between the creditors and debtors, so, for example, rent payments of the tenants can automatically be paid in the form of jcash to the owners. This phenomenon of global financial inclusion is why ICOs have become the most popular startup fundraising tool - now Jibrel will attempt to transfer the liquidity and egalitarian benefits of using a blockchain to the classic economy.
Token Economics:
In general, one has to ask the question in blockchain projects whether a separate token is necessary or whether the decentralization goal of the project makes sense The ultimate goal of Jibrel is to be a decentralized autonomous organization (DAO) that manages the operational business without human influence through smart contracts. The Jibrel founders use the story of Pinocchio as a metaphor for their future development. Currently Jibrel is still a wooden doll that needs a puppeteer, which in this case is still the team. As soon as all regulatory and technical preparations have been made, Jibrel, like Pinocchio, is freed from the strings of it’s puppeteers and acts autonomously. The founders hope that at the end of this process the first decentralized bank will have been born.
Now, the question arises as to why the Jibrel Network uses its own token to secure values ​​rather than using an established cryptocurrency. For one thing, Jibrel is not the typical project based on short-term hype cycles and wants to maintain the the most stringent levels of legal compliance possible. The commitment to legal compliance is an essential requirement for any company seeking to operate in the financial services industry and was the core reason for the company making Switzerland the country within which to base its operations. Switzerland is one of the few countries that make high demands on projects but also gives a clear regulatory framework within which to operate. These include commitment to KYC, AML and other legal guidelines that emphasize the trustworthiness of the project. The issuance of a separate token allows the Jibrel organisation to maintain an independent legal compliance record which would not be possible if Jibrel were to take Ethereum as a collateral in the conducting of its operations. If the Ether token was used in place of the Jibrel Network Token the whole Jibrel project would be at the mercy of the regulatory health of the Ethereum Project, over which it would have no control. Similarly the stability of the Jibrel Project would be subject to the extremely volatile cryptocurrency market’s valuation of the Ether token, which would be disastrous for investor confidence.
The solvency, and thus the disbursement ability of the organization is achieved by depositing the CryDR using its own JNT token. If you wish to tokenize an asset the Jibrel DAO removes the captured JNT from circulation, decreasing the amount of JNT in circulation and consequently increasing the value of all remaining circulating JNT. If an asset is liquidated the previously locked up JNT are brought back into the market. In order to increase the number of tokens owned by the organization, Jibrel will provide its own products and services that charge the fee in the form of the JNT Token. One of the most important of these products is the jWallet, a cryptocurrency wallet with a far superior user interface and performance of its competitors. The alpha of the jWallet was published before the ICO and the beta version is in development with an expected release date of around the end of Q2.
Probably the most interesting and urgently needed product in the field of infrastructure is the blockchain explorer jSearch, which allows the user to view transactions on all blockchains. Existing solutions such as etherscan.io or etherchain.org provide only rudimentary insight and an unsatisfactory user experience. For example, jSearch can be used as a tool to search, filter and bookmark already-issued assets. It is safe to infer rom all the information available that the Jibrel Network is a serious startup attempting to ensure long term solvency by exploring alternative sources of revenue. The resulting Jibrel ecosystem will eventually become in a sense an isolated market within which the performance of other cryptocurrencies plays no role.
challenges:
The implementation of such a paradigm shift will naturally see many hurdles and challenges present themselves. The project stands and falls with the speculative volatility of the market, which can act so irrationally that the buffers of the deposits are not sufficient to counteract the undervaluation and the solvency of the organization is no longer ensured. For example, Jibrel announced that the first product, jCash, will initially only be deposited off-chain due to market volatility, meaning that for the time being no deposit of JNT is required to issue Fiat. As soon as volatility on the market decreases and Jibrel has enough equity to compensate for any shortfalls, all CryDRs will need a JNT deposit as this is the only way to ensure full decentralization of the organization. However, mechanisms such as off-chain / on-chain arbitrage ensure that undervaluation of assets is prevented. In order to get the most realistic token value, Jibrel is currently developing its own blockchain to decouple itself from the Ethereum blockchain and the events on the market. The in-house blockchain jCore is currently under development. Details on the consensus algorithm and the release date will be announced.
Milestones:
-SEED backing/ Office
-Jordan
-JWallet
-EEA
-VQF
-DSFA in Dubai
-MAMA
submitted by Crillus to JibrelNetwork [link] [comments]

Hype in an ICO

Hello!
My name is Dmitrii Skripkin, I am the head of traffic department at Platinum, the company that can attract crypto community to your project, provides best ICO and STO marketing services and can be really helpful in teaching about crypto-economics.
Learn more:
Platinum.fund
As for the teaching… Welcome to the UBAI! Here we gathered all our knowledge to share it with people who just step on the road of crypto success.
If you want to understand the overall influence hype can have on a team and anyone involved with an ICO project, take a look at the summary of our lesson
What is Hype in Cryptocurrency
The English Dictionary defines ‘hype’ as extravagant or intensive publicity or promotion. Therefore it is only right that we define cryptocurrency hype as extravagant or intense publicity and promotion for any kind of cryptocurrency. Recent research suggests there is a 60% chance that people around you have encountered the word ‘bitcoin’, or ‘cryptocurrency’ from one source or another. This widespread publicity was also catalyzed by the stunning and sudden rise of the price of bitcoin in 2017 (and other times as well), which led to a frenzy in FOMO, fear of missing out, which drove otherwise skeptical people to eventually believe in cryptocurrencies. From that point, many people started to believe in the idea and potential of cryptocurrencies. This led to even further growth in optimism among members of the cryptocurrency community, which, in turn, drove demand and hype to absolutely atmospheric levels. There is an ongoing argument among financial experts about the nature and destiny of cryptocurrencies. One school of thought is that crypto is, in fact, the next evolution of money. Other people think crypto is nothing but a bubble or fraud and will eventually fade into oblivion.
Roles of Hype
It is a fact there is hype in the cryptocurrency industry. It is also a fact that investors often trade and hold positions based on that hype. But before speaking about the role and purpose of cryptocurrency hype, let’s take a look at the major causes behind it. Ever increasing media coverage has brought the entire crypto sphere into the limelight. Just the media calling bitcoin “Digital Gold” has coaxed people into buying and hoarding bitcoins for themselves. Increasing groups of cryptocurrency believers have spread the idea that cryptocurrencies are a unique store of value, uncorrelated to other more traditional asset classes. There is also a significant number of individuals who purchased bitcoins before the sudden rise in value and are now hoarding their currency like gold, seemingly unwilling to sell at any price. The money to be made in crypto has attracted a great number of miners. We have previously discussed the key role and value of coin miners to the integrity of the blockchain. These miners help support not only the price and the maturity of bitcoin, but also the blockchain technology on which bitcoin depends.
Common ICO Narratives in a nutshell
An ICO is a funding mechanism that a company uses primarily to raise early stage capital. So far it has largely been blockchain-based technology solutions which employ “Tokens” (cryptocurrencies or digital assets) that are functionally used in the company’s solution, so as to give them a relative value. These days, there are a large number of companies constantly ‘pre’, ‘on’ or ‘post’ ICO. But the first ever recorded ICO was by Mastercoin in 2013. Their campaign lasted for almost a month, with Mastercoin raising up to 5,000 BTC, then valued at $500,000 USD. A year later, Ethereum was launched. And in 2015, the Frontier, an experimental release of Ethereum platform was released. A month later, Augur Token was launched. Since then, many other ICOs have followed. In 2016 alone, ICO sales raised up to $103 million with ICONOMI and SingularDTV leading the sale with $10 million and $7.5 million. In many ways, ICOs were made possible by the ease with which companies were able to create their ICO tokens on the Ethereum Blockchain technology. With the success of bitcoin and the explosive growth of ICOs for various purposes, the market has shifted solely from the topics of blockchain tech and cryptocurrency solutions, to more specific and practical applications of these solutions to actual real world problems. But at the same time, there has also been a large number of scams as a result of the lack of regulation and insufficient oversight. This is something to always keep in mind when you are considering ICO investments.
The Power of Perception
People’s perception of an ICO depends upon several key factors. Due to the incredibly large amount of paper wealth generated by investing in cryptocurrency, people are inclined to invest with less stringent diligence, even regarding their own money. That is, for better or worse, generally more true for crypto as opposed to traditional investors. Intelligent investors pay particular attention to the following details when evaluating an ICO: -The quality and marketable potential of the idea. -The necessity of a blockchain solution to solve this particular problem. -The quality and commitment of the team to the company. -The tokenmetrics and tokenomics. -The ability to actually bring the solution to market as a viable business.
Signs of Market Hype & Anticipation
A solid understanding of the signs of market hype and any resulting hyper-anticipation requires a multifaceted approach to evaluating an ICO. All the circumstances, situations, prevailing market conditions, and other factors contribute in various ways and to various degrees, to each ICO. It is important to also understand why different investors are investing. Some are committing capital because they truly believe in the idea as a viable business and are planning to hold on for a longer term. Some people are pure speculators hoping to multiply their money and take a profit as fast as they can. There is nothing inherently wrong with either one of those approaches or reasons to invest! The point is, you just need to know with whom you are investing so you can make the most advantageous decisions about your own funds.
The following are signs of ICO market hype: The Social Media Factor When an ICO is looking to build momentum among potential investors, social media is at the top of the list of ways to do it. Social media allows projects to market their product directly to investors without relying upon middlemen, and in many cases, basically, for free. Professional marketers have also appeared recently to help projects focus on developing their project-specific technology, or business connections; while the regular marketing team is able to continue building the necessary awareness and hype. Many ICO projects seek to build large Telegram communities, and of course, schedule their ICO at the most opportune time. If you are wondering how a project is being perceived by the market and general community, reading their Telegram and social media posts will give you useful information. You will see how they think, and a get a good look at actual market opinion.
Hype’s Affect Upon an ICO
Over the years, too many crypto lovers invested in hyped and overrated digital assets that promised a 10x ROI (return on investment). This incredibly large rate of return attracted many eager (sometimes a little too gullible) investors. They eventually learned that while the price of ICO tokens may in fact increase 3x or 10x; they can also fall just as much, and just as easily. Many tokens offered as a part of the early ICOs either never went to market, or failed miserably when they did. Of course there are no guarantees in traditional investing either, but crypto is still at a particularly volatile and treacherous stage of growth. Basically, an ICO token price should primarily be driven by business fundamentals, such as cash flow and profitability. But the wild swings in value, and the low barriers to launch an ICO, have grossly amplified the influence hype has upon an ICO token price. Naturally, investors are focused on their own return on investment more than anything else. So, that is where we will focus our attention now too. This return ultimately rests with the token price, and the ability of the investors to buy low and sell high. There are four key attributes or characteristics of hype which directly lead to stronger demand for a token, and thus, a higher price. If the ICO is backed by influential and well-known crypto investors/Venture Capitalists, the team is very likely to have a large investor base to which they can pitch the coin. This is also true for successful entrepreneurs with a good reputation and track record.
Hype’s Effect on the Team Behind ICO
The team structure behind an ICO plays an important role in the hype process. If an ICO is successful, the developers are likely to draw more attention to themselves, thereby becoming key figures in that success. In that way, an ICO allows a project to both fund an early stage idea, as well as to create a reputation among investors for the individuals involved. After having achieved success on previous ventures, as we have mentioned before, investors will be keen to invest based on an established track record. These factors encourage entrepreneurs to try new ideas as a benefit of having a greater funding profile and a tangible resume to use in all aspects of their business, not just fundraising. A strong resume like that encourages confidence that would allow an individual associated with a successful project to partner with larger, traditional firms. Such an individual would also be more valuable on other projects by both providing insight and access to more investment capital.
If you stay tuned, you must have learned a lot about the hype going around crypto, but what are its cons or even Dangers? Bitcoin alone has about a $284 billion USD market capitalization with about 16.4 million bitcoin in circulation. Hype brings out the latent greed in every investor. On any given day, media people may be discussing the endless potential of cryptocurrencies, or the unbelievable returns from crypto investments. While cryptocurrencies have a solid future ahead of them, with strong underlying technological principles, greed and fear will always induce people to create a world of hyperbole. Most investors do not really look as deeply as they should. They do insufficient research, or all too often, almost no research at all, before investing. This is human nature. Most people do not want to feel like they need to do homework again. People also become mesmerized by the success stories, and they just want to get a piece of the pie at whatever cost. It is always important to stay calm and rational. Stay diligent. Keep your mind focused on the long term too, not just the present moment. If you become too enamored with a project, or try to convince yourself nothing matters because “it will all just rise in value anyway” then you have lost your rational decision making ability. You should take a step back and ensure you aren’t being caught up in the hype.
Dangers of Hype Part 2
Hype and speculation give value to a newly launched coin. At that point you will own an intangible functional token in a very early stage company. The value of what you actually have is only what an exchange or someone else is willing to give you for that token on the open market. The price might move in your favor and earn you a fantastic return. But it can just as easily fall to zero. And in fact, this is exactly what has often happened. When you purchase a token without an underlying cash flow positive business, your entire investment is at the mercy of market expectations and the level of hype in a project. Future cash flows and success will either make or break your investment. The dangers of hype in cryptocurrency can never be overemphasized, and never be overlooked. After all is said and done, it is the average individual investor who will suffer most. Possible Downside from Exposure and Attention Speculative Investments Most newly launched ICOs depend upon the frenzy created by the primary cryptocurrencies (particularly BTC and ETH) hype for success. Most consumers/investors these days buy or invest in an ICO based upon speculative ideas about extraordinary returns. The hype can grow so much it does not leave adequate room for actual facts. The most unfortunate result of all this can be seeing your entire investment wiped out by unscrupulous characters selling you fraudulent coin offerings (ICOs) and scams. Hype can dazzle investors into making investment decisions they later regret. But there is no reason for you to ever make such an avoidable mistake in your own crypto career.
Possible Downside from Exposure and Attention §2 Speculative Investments Continued
For example, in January 2017, the Securities and Exchange Commission (SEC) shut down an allegedly fraudulent initial coin offering (ICO) from a company called ‘AriseBank’. The SEC alleged that the ICO was an “outright scam” which falsely advertised and promised FDIC-insured bank accounts to investors through nonexistent banks. The value of the tokens fell to zero. The incredible hype and seemingly limitless potential of cryptocurrencies at the time, as well as this particular idea, led a large number of investors to commit capital to what was determined to be a scam. It is not only that they made grossly fraudulent claims, but there was simply no protection for investors at all. The investors were left with nothing. Some investors were surely all-in on this one project. Some investors had surely leveraged themselves to the max, borrowed too much, and had to stomach an extremely unpalatable loss. These are incredibly important things to keep in mind. Speculative investments will allow you to make a tremendous sum of money, but they can, and all too often will, take away those funds just as easily.
Hype can create Problems Real World Examples
Only a small fraction of the total ICOs being promoted have a working and viable prototype. Yet, every ICO is looking to sell investors on the likelihood of future success on that project. The Bancor ICO is a real-life example from June 2017. It raised up to $153 million in a matter of hours, but since the sale its value has plunged 38%. Some experts have since found big loopholes in their stated plans and intentions. The demise of many ICO projects is caused by such common issues as no viable product, not adhering to timeline, or a team that is distracted and/or not productive. Other coin scams have also successfully skimmed money from investors as a result of cryptocurrency frenzy. Projects like Benebit which scammed investors of up to $4.5 million by claiming to unify customer loyalty programs via blockchain technology. Benebit proved to be an exit scam, despite all of the major review sites rating the ICO positively. It was widely followed across social media, including 9000 people in its Telegram channel. Many people are still in the project’s Telegram attempting to understand what went wrong, and why.
In our previous posts we’ve talked a lot about the cons of the Hype, but have you ever thought if you can take it into your own hands?
Managing Hype for ICOs
You understand what hype is and what it does. You also need to know, what to do about it, how to manage it, either as a seller or investor aiming to be on the right side of price movements. Crypto is a recognized part of our financial landscape already. ICOs and the Blockchain are here to stay. The point of concern is, the course it will chart from here. It is rapidly becoming the new normal for entrepreneurs to get funding from communities of people or investors sharing an important unifying characteristic or value system. This has, as we have discussed previously, completely revolutionized “business” and the approach to starting, funding and growing a company. In 2017 alone, more than $5.6 billion was invested via ICOs. That huge sum brings real opportunity for growth, and equally real possibility for despair. You can learn from examples, how to manage hype for your own benefit and protection. In the whitepaper, the purpose of the ICO should be clearly stated and sufficient information should be given to investors explaining what the project is and why it deserves to be funded. This helps remove or discourage unnecessary speculation. A good and informative whitepaper helps encourage investors to make decisions based on reasonable conclusions as opposed to dreams and desires.
Always Have a Road Map Many ICOs we see on the internet for example, do not really have any long term plan for their product. ICO whitepapers should produce sufficient information on the timeline of the product and the sequence of necessary steps to get there. Questions such as: “When will a marketable product be available to be sold?” “What are the key risks to achieving any goal or aspect of the timeline?” These questions should be explained in the whitepaper, and supplemented with possible plans and alternate avenues to take if certain major issues arise. 6.3e)Managing Hype for ICOs §4 Many whitepapers might tend to overuse technical terms that sound like gibberish to ordinary intelligent people or investors. If you are trying to sell an idea to a broad spectrum of investors, it is important to explain key terms and themes so people are actually able to understand you. If a whitepaper is overly technical, yet seems to appeal to a broad base of investors anyway, it could be a red flag that the investors are confused, and that was perhaps the purpose of the whitepaper. Alternatively, maybe the team just isn’t particularly experienced at marketing their idea. That could also could present either an opportunity or a problem. One way or another, communication with the market will greatly influence the future price of the token.
Scam Projects Real World Examples
Multinational accounting firm Ernst and Young found that $400 million of the $3.7 billion USD raised from ICOs (as of January 22, 2018) had been stolen. That is, up to 10% of all ICO funding is virtually being stolen from investors. Though ICO scams are the most common method of theft in the crypto world, some projects will actually operate for a period of time before disappearing with the money. Like in a Ponzi scheme, an exit scam may be planned for later, sometime after a manipulated pump; or some other time the team believes is most opportune to take the money and run. Giza: Giza marketed itself as a platform within which different cryptocurrencies could be stored securely. But after raising $2.4 million in one month, the team deleted the website and stopped replying to emails. Investors were duped by a very convincing whitepaper, and actors had been hired to appear in photographs promoting the project. No investor funds have ever been recovered. Centra: The SEC put an end to fundraising for the Centra ICO and charged the founders Robert Farkas and Sohrab Sharma with orchestrating a fraudulent ICO after they raised $32 million USD. They were promoting the ability to develop financial products backed by VISA and Mastercard, though it was later found that neither partnership was real. One of the major red flags in the Centra project was the use of celebrity endorsements for publicity, reportedly paying champion boxer Floyd Mayweather a significant sum to promote their project. Who wants to leave their Blockchain investment decisions up to Floyd Mayweather, regardless of his unbelievable skill as a boxer and regardless of his own financial success? He should still not influence where you invest your money!
Ponzi Schemes: Bitconnect: This is the most infamous Ponzi scheme in the history of cryptocurrency, and certainly the most damaging. Bitconnect was a Bitcoin-based project that rose to an all-time high of $463 per token on the back of a fictitious trading bot. The Bitconnect scam operated by paying dividends to users, proportional to the number of tokens they held and the number of referrals they made. The BCC tokens were exchanged for the users’ Bitcoin, and the highly sophisticated and wildly successful trading bot would trade BTC for them and distribute profits as dividends. The value of the dividends offered was approximately 1% of the initial investment per day. In other words, that is approximately 3,780% per year in cumulative gain! The referral system was capitalized upon most heavily by many of the biggest crypto YouTube channels, including CryptoNick and Trevon James, both of whom are now under investigation by the Federal Bureau of Investigation. Shortly after the Bitconnect Token reached its all-time high, they received cease and desist orders from the security regulators of Texas and North Carolina, which caused the owners of the Bitconnect exchange to shut down operations, and the price to plummet.
Davorcoin: Davorcoin was a lending platform very similar to Bitconnect. And Davorcoin was farcically promoted by the same Trevon James crypto Youtuber who promoted Bitconnect, and is currently under investigation by the FBI for promoting Ponzi schemes. The Texas State Securities Board, in likening Davor to Bitconnect, stated that “DavorCoin is telling investors they can earn lucrative profits by investing in a lending program based on a new cryptocurrency known as davorcoin. Investors allegedly purchase davorcoin and then lend it to DavorCoin”. Davorcoin promptly plunged from an all-time high of $180 to very close to zero after a cease and desist order was made against them on the 2nd of February 2018. Useless Ethereum Token: Despite brazenly stating in the name of the project that the token has no use, the UET managed to raise $340,000 in its crowdsale, and saw a significant pump of over 300% on the HitBTC exchange in February of 2018. The scam was an obvious case of pump and dump, with the total trading volume for UET crashing back down to as low as $3 per day, after reaching as high as $350,000 per day during the pump.
Indications of Scam Projects
It is currently an unfortunate consequence of the decentralized nature of cryptocurrency, but there is a distinct lack of recourse for scammed investors. It is wise to become as well-acquainted with the various indicators of good and bad ICOs as you possibly can. In weighing the factors that will allow you to avoid expensive mistakes, ask yourself in whose favor are the terms of the ICO slanted, yours or the teams? To what extent are you actually likely to profit from this investment? Cryptocurrency is inherently a grey area, whether you are investing in it or not. Investing is another inherently grey area, no matter what the area or object of investing might be. Laws and regulations are not always able to keep up. Trying to define and prove what was or was not a scam is not likely to be as simple as the scammed investor would want it to be. A project can be set up in certain ways to avoid being technically classified or provable as a scam, but the unprepared investor can still be burnt or scammed just as badly. Now we look at more individual indicators that can help you form a valid impression whether or not an ICO or even a fully-fledged exchange-listed coin is a scam or a bona fide investment opportunity.
Common Signposts
Contrasting Scam & Legitimate Projects
Presale Bonus/Token Release If the ICO allots massive bonuses to team members, you may leave yourself open to getting dumped on by presale investors if you buy when the project tokens are listed on an exchange. Likewise, if the project has a short lock-up period for developers and founders, you run the risk of them selling as soon as the token is listed on a major exchange. The token release schedule for the founders of a worthwhile project should show long-term team commitment to that project. The Jibrel Network team tokens will be locked up for 5 years before release, and they had no early investor bonus in the main sale. Both of these factors instilled confidence in the JNT ICO investors, and the tokens were sold out weeks before the ICO was due to end. No Presale lock up If Presale investor tokens are not locked up at all for any period after listing, that could easily be a set up for an exit scam after the initial listing. No presale lockup for early investor tokens is a crystal clear warning, the project may be fatally rigged toward those in the inner circle, with little commitment to the long term health or success of that project.
Unsolicited Offers or Unasked for Additions to Groups Characters running scam projects will often add you to Telegram groups out of the blue or send you unsolicited emails with information about their project. Telegram is the most widely used messaging app in the cryptocurrency community and you should familiarize yourself with it to keep yourself in the loop for specific projects in which you invest as well as all kinds of other relevant crypto info. You can adjust the settings on the Telegram app to disallow anonymous additions to cryptocurrency projects if you find yourself bombarded with offers by scammers. Reputable projects at the ICO stage will spread by word of mouth, or by eloquent and meaningful articles posted on their Medium page. A project with serious potential does not need to actively seek participants for their ICO like that. They will often be able to fill their ICO hard cap in a matter of hours, or even just minutes!
Anonymous Team
Alarm bells, again, immediately, if the project has minimal online presence. The individual team members could be mere fabrications. The entire project could be a farce by utterly inexperienced characters. What if the project leaders are simply unaware of the importance of a strong social media profile? That in itself would be too strange to ignore. Top-level projects will have team members with experience in crypto and the LinkedIn accounts for those members will be easily accessible right there on the project website. You should be able to easily see and evaluate each individual’s experience in their field and ascertain what they bring to the project team. Bitconnect’s anonymous team should have been the only deterrent prospective investors needed to discourage them from putting money into that doomed project. Ethhorse, a current project with anonymous founders and operators should be steered clear of at all costs for the same reasons.
Community Atmosphere
The subreddits or Telegram groups of scam projects will often feature moderators that do not allow any kind of criticism in the group chat. If, in the process of your due diligence, you encounter didactic admins that only wish to silence your questioning of certain aspects of the whitepaper or mechanism of the tokenomics, you should be concerned. Similarly if you see a coherent critical reply attacked by many different users who refuse to engage the substance of the point being made, that may be a subreddit infested with bots. Projects that have nothing to hide will allow free debate in the chat. Ideally, they hope to develop a positive community that is itself an asset to the long-term success and overall strength of the project. Good projects do not need to automatically brand all criticism as Fear Uncertainty and Doubt (FUD).
Whitepaper
One common tactic of scammers is to produce a whitepaper that uses too many buzzwords, and deliberately obfuscates and overcomplicates the explanation of the problem and/or its solution. A good whitepaper clearly and concisely lays out the problem and answer, as well as provides compelling arguments why a Blockchain solution is preferable to the current solution. Another point of concern is a whitepaper that gives unrealistic time frames and goals. Bitconnect’s almost comically optimistic profit projections are a prime example of this, as are the 1,354% yearly gains promised by Plexcoin. Respectable projects will set out development timescales in terms of quarters or years, rather than offering immediate profit projections, which are simply a red flag.
Advisors/Connections in the Cryptoworld
The most prestigious projects will already have partnerships made before the ICO stage, and the worst ones, i.e. the scams, will not mention any such partnerships. Icon (ICX) for example was spawned from a South Korean project named The Loop, a collaboration between 3 Korean universities and the DAYLI Financial Group. They boasted an advisory panel consisting of the legendary investor Don Tapscott, Jehan Chu and crowdfunding expert Jason Best. On top of a solid team of advisors, good projects will also be visible at major Blockchain events such as the Consensus, and the World Blockchain Forum, etc. Scam projects will be unable to inspire this same level in confidence. As an investor, you should sense a certain presence and expect a certain feeling of trust that should guide you in your investments. After all, it is actually a people-to-people thing you are doing.
Key Stress points upon the Timeline to Identify Scam Projects Post Whitepaper Release The period in the immediate aftermath of the release of the whitepaper can also be decisive in establishing the validity of a project. How a team copes with the roadmap that they have laid out for themselves is key. Valuable insight into the operational efficiency and commitment to the project can be gleaned from the quality of and amount of code committed to GitHub. If you have any experience in computer programming you can see how clean and orderly the code is, which gives insight into the skill of the developers, and in turn the quality of project leaders’ decision-making in hiring team members. Scam projects will have little or no code committed to GitHub, or at best it will be copied and pasted from other projects just to cover their tracks. Start of ICO Sometimes, a scam project, or other project in which you would be better off not investing, will change the terms of the ICO just before the ICO starts. The Key (TKY) ICO doubled the price of tokens on the day before the ICO was due to take place, because the price of NEO had risen so drastically. Currently, the TKY token price is still only half of its ICO price. Initial investors are faced with the prospect of a 50% loss on their investment.
Key Stress points upon the Timeline to Identify Scam Projects
Exchange Listing
Some particularly greedy scammers will create a scam project with the intent of selling tokens in the ICO for BTC and ETH, and then pumping and dumping their share of the tokens immediately after listing. The team of fraudsters behind Monero Gold used this method after the crowdfunding of their useless ERC-20 token. After listing on CoinExchange.io, the team dumped their tokens until the exchange finally ceased trading. Although it is not uncommon for ICO tokens to sold after listing (just like can happen with shares of stock after an IPO), if the price does not stabilize and massive sell walls are continually placed, a scam is likely taking place and the token is being dumped.
Real World Example of Scam Customers
Fake Ethereum Twitter giveaway
You may have noticed Ethereum creator Vitalik Buterin’s twitter handle has been changed to Vitalik “Not giving away Eth” Buterin in recent months. This is because a group of devious scammers had created fake accounts with almost exact replicas of his profile (deviating by only one character). The fake accounts promised to deposit 1 whole ETH for every 0.1 ETH the potential sucker deposited into the wallet address provided by the scammer. These fake account “Ether giveaway” scam tweets were set up to be sent in just a matter of seconds after the real person tweeted, and usually always appear immediately after the tweet of the real public figure. Fake bot profiles then came into play, thanking the fake Vitalik, or fake Elon Musk, for holding up their end of the bargain and depositing the ETH as promised. One scammer, or group of scammers, managed to fill a wallet up with almost $20 thousand worth of ETH, which they transferred out, never to be seen or heard from again.
Effect of Scam Customers, Upon the Affected Parties
Of course, this is no fun for the targeted public figure either. They need to take steps to avoid being targeted again. This will mean changing their handle, their username, or making their accounts private. However, the injured party with whom we are most concerned is the unfortunate scammed social media user, who has no chance whatsoever of getting his or her funds back, ever. It is a harsh lesson to learn. But it is a fact of crypto reality. Nearly every one that trades crypto will at least be exposed to frauds or scams in one way or another. In this case, we think it is better to learn about scams by studying them, rather than learn from your own unfortunate and expensive experience. In the case of Mr. Buterin, these incidents were awful public relations for the Ethereum project. It had only been a few years since cryptocurrency as a whole was primarily associated with criminality and seedy transactions on the Darkweb. Any connection with unscrupulous behavior is best avoided at all costs. Negative associations could have been particularly damaging for Ethereum’s brand because the vast majority of ICO fraud is committed using the ERC-20 token as the template for the scam tokens.
Effect of Scam Customers on the Market
Any and all the scamming or fraudulent behavior in the cryptocurrency ecosystem is bound to have a negative impact on the speed at which mainstream uptake finally takes place. Cryptocurrencies, as an emerging asset class, will be painted in the worst possible light. Crypto is aiming to, and is in fact in the process of, causing great disruption in traditional centralized finance and business. Mainstream media organizations are also part of that traditional centralized economy. Press coverage will be damning. Something is happening here, but Mr. Jones doesn’t know what it is.
Legal Recourse for Scams
We clearly understand, there is a possibility of being scammed. We know the scams are happening. The SEC has made some arrests and actually charged people for operating fraudulent ICOs. But it is a struggle to deal with the flood of ICOs coming from anywhere at any time. The SEC filed charges against two founders of a purported financial services startup for orchestrating a fraudulent ICO that raised more than $32million from thousands of investors. As you know from the ICOs we have covered so far, the lack of regulation allows for direct contact and dealing between the entrepreneurs, business owners and potential investors. While we believe this is a blessing according to the founding principles of Bitcoin and other alternate Cryptocurrencies, because it frees us from traditional roadblocks, middle-men, and all kinds of time-consuming procedures; it also leaves investors in a place where there is often little to no hope of ever recovering funds lost in fraudulent schemes.
Facebook
submitted by UBAI_UNIVERSITY to u/UBAI_UNIVERSITY [link] [comments]

SAPE Inc. wrote a quick rundown on Jibrel Network

Jibrel Network
Name:
According to Muslim belief, God revealed the Quran to the Islamic prophet Muhammad through the angel Ǧibrīl - (Gabriel in English) This divine messenger was the emissary of God who connected the heavens to the terrestrial plane. In choosing the name Jibrel, the project leaders aim to be the bridging point between the earth, i.e contemporary traditional finance, and the heavens: finance of the future conducted on the blockchain.
Team:
-Talal Tabbaa(Co-founder, Business Development Leader): Is a part part of the founding team having graduated as an industrial engineer from Purdue university. His professional career prior to Jibrel involves financial advisory with Price Waterhouse Cooper and managing a private Saudi investment fund for a member of the royal family (~3 Bn AUM).
-Yazan Barghutti(Co-founder, Project Lead): Yazan is a UCL chemical engineer whose previous roles centred around management consultancy and data science spheres within the Oliver Wyman and Deloitte organisations. He has advised assets of over 1 trillion $ and has extensive experience in capital and financial markets in the US and GCC. He has extensive experience in capital and finance markets within the USA and GCC, managing assets over 1 trillion dollars in total.
-Victor Mezrin(Co-founder, CTO): Victor graduated with a masters Degree in physics from Moscow State University, and is a veteran in the crypto field having run one of the top 3 mining pools (pool.mn). He has over 10 years technical experience along with proficiency in C++,C, Python, Java, C#, PHP, JavaScript and solidity programming languages.
-Hamzeh Kolaghassi(Operations Lead): Hamzeh graduated from Marymount University and started working in the financial field as a financial advisor and investment manager in 2011.
-Nick Marinin: (UX/UI dev)

-Aleksey Selikhov Developer (Back-end)

-Ivan Violentov Developer (Front-end)

-Nikita Shchipanov (Web Analyst)

-Rust Khusyainov (Illustrator)

-Aleksey Smirnov (DevOps Engineer)

-Yuriy Homyakov Developer (Back-end)

-Nikita Shchipanov (Web Analyst)

-Anna Bordunova (Public Relations)

Further recruitment was confirmed in May 2018.
Advisors: -Don Tapscott: This legendary investor, business manager and author has become a big name in the blockchain scene in recent years, being best known for his consulting position on the ICON project and his bestselling book, The Blockchain Revolution. Tapscott’s authship is by no means limited to cryptocurrency and his book Wikinomics was a bestseller on the business book charts. -Moe Levin: Levin is also an all-star of the crypto scene. Since 2013 he organizes conferences for all industry representatives. His keynote conferences are among the most influential in the industry and he hold advisory positions on many promising projects. -Abbaz Zuaiter, Zuaiter was Chief Operating Officer of Soros Fund Management between 2002 and 2013. -Ruslan Gavrilyuk (CryptoFinance Advisor CEO & Founder of TaaS Fund) -Saul Hudson (Communications Advisor, GM at Thomson Reuters) -Mohammad Al Sehli (MENA Advisor, CEO & Founder of Arabian Chain)
If one was to compare the panel of advisors for each and every project in cryptocurrency, The Jibrel Network’s board of advisors would certainly be within the top 1 percentile. They have struck the right balance in their blend of experts within blockchain and within he world of conventional finance, so that the project is connected to every area of business and finance it needs to be in order to develop the vision of the founders. A perfect example of this is Don Tapscott’s presentation to Bank of England in March 2018 where he extolled the virtues of cryptocurrency and blockchain technology.
ICO: The ICO ran from 27/11/2017, to 27/12/2017, ending weeks before it was supposed to, and saw all 155 million ERC-20 JNT tokens sold at a price fixed at 0.25 USD. Both Bitcoin and Ethereum were accepted during the token sale in addition to fiat contributions facilitated by Bitcoin Suisse AG. The revenues in Bitcoin and Ethereum were sold immediately after the ICO (at $ 300 an ether and $ 4500 for a bitcoin) to avoid speculation with investors' funds. The remaining 45 million JNTs that have been withheld are paid out to the team after 3-5 years. The extreme length of the token locking period for team members shows the huge amount of confidence that the project leaders have in this project.
Vision:
In order to understand the vision of Jibrel in more detail, one must look at the state of the contemporary financial system. On the one hand, we have classic investment products such as bonds, gold, real estate, company shares and Fiat. Let's take a look at how transactions involving traditional assets will operate. Currently, we have a concentration of power where individual financial intermediaries clear the transactions for high fees. In addition, 2 billion people worldwide have no access to traditional banking and therefore rely on service providers MoneyGram or Western Union for international remittances.
The fees involved in transactions using Western Union for example can be exhorbitant and sometimes prohibitive. Other negative aspects of these kinds of service providers are the lengthy wait for transactions to clear and the effect of weekends and bank holidays on service operations. Through use of blockchain technology it is possible to avoid all of these negative aspects of current payment systems and transfer value in an extremely cheap safe and speedy manner, with possession of a mobile device being the only necessity within this new method of transacting.
However, the volatility risk is not to be understated. If we put ourselves in the position of a manual laborer from India who works in Dubai and earns just enough to send $ 100 a month to his family back home, we can better analyse the advantages and disadvantages of each form of transaction . For various reasons, be it regulations, the length of stay or simply because of the associated fees, the worker has no bank account with which he can transfer the money. The only way to send money free of volatility and without being tied to a bank account is to pay the approximate $10 processing fee to a service provider like Western Union, a fee which can mean 10-15% less cash sent home to relatives.. The cheaper and faster alternative would be to buy $100 worth of cryptocurrencies in Dubai and to make a simple blockchain transaction to send the corresponding value in rupees back to India. At first glance, this may seem like a more attractive alternative but drawbacks such as price volatility as well as tax and legal implications must be considered. The value of the cryptocurrency purchased may fluctuate by as much as 10% between purchase in Dubai and receipt in Indian and the resulting profit could be subject to capital gains tax.
Products:
The Jibrel Network’s range of products are aimed at tackling problems such as the scenario described above as well as many other inefficiencies and failings in the current financial system. The first and most significant of these the Crypto Depository Receipt (CryDR) builds on the existing depository receipt instrument in order to facilitate global transactions involving currencies or securities. The total volume of depository receipts issued in 2016 was $2.9 trillion which shows the potential magnitude of the endeavour the project founders are undertaking.
For example, Jibrel, in collaboration with central banks, will initially issue $USD, AED and KRW on the Ethereum Blockchain as so-called jCash tokens. Which can then be purchased in exchange for the JNT token. For our example, this means that the worker in Dubai buys the JNT token and then sends it to Jibrel. In return, he receives dirham tokens, so-called jAED in the same value. The tokens he receives remain stable in value regardless of market volatility, allowing them to be used as a potential means of payment weeks later, or to be converted back to fiat currency. Besides the peer-to-peer crypto-fiat JCash initiative, The Jibrel Network plans to tokenize a great many other financial instruments as CryDRs, such as bonds, gold, company shares and real estate. At present, there are many pilots on going between Jibrel and distinguished institutions that are in future make use of the technology. Jordan's Central Bank and the DFSA (Dubai's Financial Service Authority) are known to be taking part as in pilots we speak. Moreover, Talal confirmed at a conference that a central bank of one Europe nation is also piloting with Jibrel, however the name of the country has not been made public yet.
Use cases:
The issuance of shares by CryDR will be piloted usually in cooperation with a venture capital firm. In the future, cost-intensive IPOs of small companies can be replaced by the issuance of CryDRs, which can then be acquired with the JNT token. According to Jibrel founders, registering and trading real estate on the blockchain proves to be a difficult proposition. There are numerous bureaucratic obstacles that must be traversed and legislative progression to be made by the respective governmental entities of individual countries before the trading of land or real estate is possible on the blockchain. Some countries are committed to the introduction of blockchain technologies on a wide scale which will run parallel to their current systems and eventually may replace them, which will allow the trade of real estate to flourish in future. The United Arab Emirates, for example, has announced that the country's primary goal is to largely replace the bureaucracy by 2020 with the use of blockchains.
Bigger picture:
It is important to clarify the economic implications associated with the issuance of assets on the blockchain. A small business IPO can cost up to 500000 USD and involve regulatory hurdles that prohibit the majority of small time investors from participating. Alternatively, it was possible for companies seeking funding to be funded by venture capital. Liquidity and access to risk capital has so far been limited due to the lack of an open and transparent risk capital market. The increased liquidity provided by blockchain technology enables company shares and real estate to be traded worldwide in the smallest of volumes, with an internet connection being the only prerequisite for inclusion in the system. Extensive new opportunities are now available to investors, startups and estate agents. For example, a construction project or a start-up can be financed by several thousand investors, who then count as legal owners of the property / start-up. In this innovative system entrepreneurs are less reliant on the capital provided by a few large investors, with the investor base expanded. Furthermore, the "smart regulation" of the tokens allows the automated cash flow between the creditors and debtors, so, for example, rent payments of the tenants can automatically be paid in the form of jcash to the owners. This phenomenon of global financial inclusion is why ICOs have become the most popular startup fundraising tool - now Jibrel will attempt to transfer the liquidity and egalitarian benefits of using a blockchain to the classic economy.
Token Economics:
In general, one has to ask the question in blockchain projects whether a separate token is necessary or whether the decentralization goal of the project makes sense The ultimate goal of Jibrel is to be a decentralized autonomous organization (DAO) that manages the operational business without human influence through smart contracts. The Jibrel founders use the story of Pinocchio as a metaphor for their future development. Currently Jibrel is still a wooden doll that needs a puppeteer, which in this case is still the team. As soon as all regulatory and technical preparations have been made, Jibrel, like Pinocchio, is freed from the strings of it’s puppeteers and acts autonomously. The founders hope that at the end of this process the first decentralized bank will have been born.
Now, the question arises as to why the Jibrel Network uses its own token to secure values ​​rather than using an established cryptocurrency. For one thing, Jibrel is not the typical project based on short-term hype cycles and wants to maintain the the most stringent levels of legal compliance possible. The commitment to legal compliance is an essential requirement for any company seeking to operate in the financial services industry and was the core reason for the company making Switzerland the country within which to base its operations. Switzerland is one of the few countries that make high demands on projects but also gives a clear regulatory framework within which to operate. These include commitment to KYC, AML and other legal guidelines that emphasize the trustworthiness of the project. The issuance of a separate token allows the Jibrel organisation to maintain an independent legal compliance record which would not be possible if Jibrel were to take Ethereum as a collateral in the conducting of its operations. If the Ether token was used in place of the Jibrel Network Token the whole Jibrel project would be at the mercy of the regulatory health of the Ethereum Project, over which it would have no control. Similarly the stability of the Jibrel Project would be subject to the extremely volatile cryptocurrency market’s valuation of the Ether token, which would be disastrous for investor confidence.
The solvency, and thus the disbursement ability of the organization is achieved by depositing the CryDR using its own JNT token. If you wish to tokenize an asset the Jibrel DAO removes the captured JNT from circulation, decreasing the amount of JNT in circulation and consequently increasing the value of all remaining circulating JNT. If an asset is liquidated the previously locked up JNT are brought back into the market. In order to increase the number of tokens owned by the organization, Jibrel will provide its own products and services that charge the fee in the form of the JNT Token. One of the most important of these products is the jWallet, a cryptocurrency wallet with a far superior user interface and performance of its competitors. The alpha of the jWallet was published before the ICO and the beta version is in development with an expected release date of around the end of Q2.
Probably the most interesting and urgently needed product in the field of infrastructure is the blockchain explorer jSearch, which allows the user to view transactions on all blockchains. Existing solutions such as etherscan.io or etherchain.org provide only rudimentary insight and an unsatisfactory user experience. For example, jSearch can be used as a tool to search, filter and bookmark already-issued assets. It is safe to infer rom all the information available that the Jibrel Network is a serious startup attempting to ensure long term solvency by exploring alternative sources of revenue. The resulting Jibrel ecosystem will eventually become in a sense an isolated market within which the performance of other cryptocurrencies plays no role.
challenges:
The implementation of such a paradigm shift will naturally see many hurdles and challenges present themselves. The project stands and falls with the speculative volatility of the market, which can act so irrationally that the buffers of the deposits are not sufficient to counteract the undervaluation and the solvency of the organization is no longer ensured. For example, Jibrel announced that the first product, jCash, will initially only be deposited off-chain due to market volatility, meaning that for the time being no deposit of JNT is required to issue Fiat. As soon as volatility on the market decreases and Jibrel has enough equity to compensate for any shortfalls, all CryDRs will need a JNT deposit as this is the only way to ensure full decentralization of the organization. However, mechanisms such as off-chain / on-chain arbitrage ensure that undervaluation of assets is prevented. In order to get the most realistic token value, Jibrel is currently developing its own blockchain to decouple itself from the Ethereum blockchain and the events on the market. The in-house blockchain jCore is currently under development. Details on the consensus algorithm and the release date will be announced.
Milestones:
-SEED backing/ Office
-Jordan
-JWallet
-EEA
-VQF
-DSFA in Dubai
-MAMA
submitted by Crillus to CryptoCurrency [link] [comments]

General info and list of exchanges for Metronome (MET)

Metronome About Features Owner's Manual Token Sale Wallet Team Media Kit FAQ Auction Metronome The Built-to-Last Cryptocurrency Self-Governance. Reliability. Portability. Buy Metronome How would you like to buy Metronome? 10See all download optionsor Buy With Your Own Wallet To make a purchase, send ETH to the address below. Make sure the address you use is that one. We recommend copying it or scanning the QR code.
Address 0x9d9BcDd249E439AAaB545F59a33812E39A8e3072
Scan Address
Bloomberg Coindesk New York Times Reuters Metronome ("Metronome" or "MET") is a new cryptocurrency focused on making greater decentralization possible and delivering institutional-class endurance.
Metronome builds off the lessons learned from previous cryptocurrencies and optimizes for self-governance, long-term reliability, and maximum portability. Built by leading figures in the space and supported by a diverse array of partners and advisors, Metronome is engineered to meet and exceed the high standards of the cryptocurrency community. In developing an enduring cryptocurrency, Metronome is founded on three key design principles:
SELF-GOVERNANCE with no undue influence from founders after initial launch and public access — contract governance starts at launch.
RELIABILITY and predictability where issuance and supply are immutable
PORTABILITY to enable maximum decentralization, even across different blockchains
As the first cryptocurrency capable of being exported and imported across chains, Metronome will be initially issued on Ethereum with Ethereum Classic, Rootstock on Bitcoin, and Qtum support expected to follow. Such portability will allow users to select the chain that suits their requirements for management and security, or even upgrade the MET contract if needed. Metronome's main goal is to be a built to last cryptocurrency, and portability furthers this goal by freeing Metronome from the fate of any one chain.
Metronome will not be controlled by any party after launch—not even its authors—as it is completely autonomous. Metronome authors plan to continue to help by building an ongoing open-source community to support developers and users, but Metronome authors will have no access or control after the initial auction.
Receive the latest updates from Metronome: Email Address
Owners Manual Like with any other asset or technology, it's important for users to know how Metronome works—the Owner's Manual , along with the documents and information referenced therein, is required reading for any Metronome owner.
Token Sale Terms Metronome will be offered to the public via an autonomous descending price auction. Its authors will receive a one-time retention of 20% (2 million) of the initial MET supply. 100% of the proceeds from the initial auction will be used to provide long term support for the community. The initial supply auction will last up to 7 days. After 7 days or when all MET in the initial supply are sold, the auction will end.
Pie Chart Auction Proceeds Pie Chart Timeline
03.01.2017 Metronome idea 05.24.2017 Partnership with New Alchemy formed 08.01.2017 Smart contract development begins 10.24.2017 Metronome website and Owner's Manual published June 2018 Metronome Initial Supply Auction Q3 2018 First cross-chain launch on ETC Team A project as advanced and ambitious as Metronome requires known, proven talent and leadership in cryptocurrencies—people who uniquely understand the engineering and marketplace challenges.
Jeff Garzik Jeff Garzik CEO & Co-Founder / Chief Designer
Matthew Roszak Matthew Roszak Chairman & Co-Founder
Peter Vessenes Peter Vessenes Chief Cryptographer
Ryan Condron Ryan Condron Principal Engineer
Troy Benjegerdes Troy Benjegerdes Principal Engineer
Jordan Kruger Jordan Kruger Data Scientist
Gabriel Montes Gabriel Montes Engineering Lead
Pablo Enrici Pablo Enrici Software Engineer
Ignacio Anaya Ignacio Anaya Software Engineer
Jaclyn Kramer Jaclyn Kramer Marketing
Dariusz Jakubowski Dariusz Jakubowski Community Advocate
Steve Beauregard Steve Beauregard Partnerships
Ted Parvu Ted Parvu Infrastructure
Matt Lam Matt Lam Blockchain Strategist
Iwona Zdanowicz Iwona Zdanowicz Administrative
Advisors Gustav Simonsson Gustav Simonsson Orchid Labs Co-founder & Former Ethereum Core Dev
Jim Newsome Jim Newsome Delta Strategy & Former CFTC Chairman
Don Tapscott Don Tapscott Blockchain Research Institute
Vinny Lingham Vinny Lingham Civic
Don Wilson Don Wilson DRW
William Mougayar William Mougayar Token Summit
Partners
Strategic Advisors
Latest News Bloomberg Fortune Reuters American Banker Strategic Coin Resources: Owner's Manual Metronome FAQ GitHub Media Kit Wallet Connect + Collaborate
Additional Info: Privacy Policy All Rights Reserved. Site Design by Onramp
EXCHANGE LIST
Kucoin
Binance
Bit-Z
Bibox
Linkcoin
Qryptos
Bitrue
submitted by cryptoinvestor2020 to Metronomeio [link] [comments]

11 Books about Ethereum/Solidity/Blockchain/Trading.

Greets, everyone.. so I made a list of the best books out there about Ethereum/Solidity/Trading and a few about Blockchain in general to the people that want to get involved deeper and perhaps develop any Dapp or get better at Day trading.
Hope you like it.
Ethereum: Blockchains, Digital Assets, Smart Contracts, Decentralized Autonomous Organizations • by CreateSpace Independent Publishing Platform
Amazon Link
Book Picture
The book aims to help you get your head around blockchains in general and around Ethereum specifically. Since Ethereum is currently the pre-imminent blockchain, it makes sense as reference point. The essential stuff is the same for any blockchain. This text was written for people with a fast grasp, who are not programmers. Reading this should give you the basics to cut through the hype and to identify blockchain opportunities in your professional domain. There are tiny bits of code, which can be admired and skipped.
Introducing Ethereum and Solidity: Foundations of Cryptocurrency and Blockchain Programming for Beginners • by Apress
Amazon Link
Book Picture
Learn how to use Solidity and the Ethereum project – second only to Bitcoin in market capitalization. Blockchain protocols are taking the world by storm, and the Ethereum project, with its Turing-complete scripting language Solidity, has rapidly become a front-runner. This book presents the blockchain phenomenon in context; then situates Ethereum in a world pioneered by Bitcoin.
Mastering Ethereum: Building Smart Contracts and Dapps 1st Edition (Pre Order)
• by Andreas M. Antonopoulos (Author), Gavin Wood (Author)
Amazon Link
Book Picture
With this practical guide, you’ll learn how to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract), and many other things that have not been invented yet, all without a middle man or counterparty risk.
Ethereum Programming – August 4, 2017
• by Alex Leverington (Author)
Amazon Link
Book Picture
This book shows you how to build decentralized, resilient, unstoppable apps with Ethereum. We'll start with the basics, what ether is and how to acquire and use it, what DApps are and how they're relevant for developers and businesses of all sizes. Then we dive straight into examples that explore the concepts. Moving on, we'll design and build powerful, unstoppable applications that use Ethereum for their state storage. Finally, you'll see how to test and launch your app to provide resilient, unstoppable, reliable services to your users.
Blockchain Revolution: How the Technology Behind Bitcoin Is Changing Money, Business, and the World • by Don Tapscott , Alex Tapscott ( No1 Best Seller Money & Monetary Policy & Digital Currencies)
Amazon Link
Book Picture
Blockchain is the ingeniously simple, revolution­ary protocol that allows transactions to be simul­taneously anonymous and secure by maintaining a tamperproof public ledger of value. Though it’s the technology that drives bitcoin and other digital cur­rencies, the underlying framework has the potential to go far beyond these and record virtually everything of value to humankind, from birth and death certifi­cates to insurance claims and even votes.
The Business Blockchain: Promise, Practice, and Application of the Next Internet Technology • by William Mougayar (Author), Vitalik Buterin (Foreword)
Amazon Link
Book Picture
The Business Blockchain charts new territory in advancing our understanding of the blockchain by unpacking its elements like no other before. William Mougayar anticipates a future that consists of thousands, if not millions of blockchains that will enable not only frictionless value exchange, but also a new flow of value, redefining roles, relationships, power and governance. In this book, Mougayar makes two other strategic assertions.
Blockchain: Blockchain, Smart Contracts, Investing in Ethereum, FinTech • by Jeff Reed
Amazon Link
Book Picture
Learn About the Emerging World of Financial Technology, and What They Won't Teach You In School.. Jeff Reed has packaged four of his best-selling book so you can learn everything you need to know about financial technology in the 21st Century. By purchasing this book you're getting Blockchain, Smart Contracts, Investing in Ethereum, and Smart Contracts...a sweet 4-in-1 bundle deal (which Jeff considers a steal)!
Investing in Ethereum: The Ultimate Guide to Learning--and Profiting from--Cryptocurrencies • by Oscar Flyn
Amazon Link
Book Picture
Ethereum is now one of the hottest platforms to trade cryptocurrency on today. It’s growing by leaps and bounds every day, and it offers a different range of services that Bitcoin just doesn’t deliver. It’s also fairly simple to understand and is a low to no cost system to start on. Now, in this book, you’ll get the inside look at this new and virtually untapped network--. You’ll learn all about Ethereum, it’s amazing benefits, its relationship to bitcoin, its decentralized nature, and the potential pitfalls to watch out for.
The Internet of Money • by Andreas M. Antonopoulos
Amazon Link
Book Picture
Andreas goes beyond exploring the technical functioning of the bitcoin network by illuminating bitcoin’s philosophical, social, and historical implications. As the internet has essentially transformed how people around the world interact and has permanently impacted our lives in ways we never could have imagined, bitcoin -- the internet of money -- is fundamentally changing our approach to solving social, political, and economic problems through decentralized technology.
Ethereum: A look into the world of Ethereum and how to trade and invest this cryptocurrency! • by Ben Abner
Amazon Link
Book Picture
You’re about to discover how to... I want to thank you for downloading the book, Ethereum Trade and Investment. This book contains all the information that you need to know about Ethereum in a compact and to the point format. The book is targeted toward people who love to learn about investing, trade and new money making opportunities.
Mastering Bitcoin: Unlocking Digital Cryptocurrencies 1st Edition • by Andreas M. Antonopoulos
Amazon Link
Book Picture
Mastering Bitcoin is essential reading for everyone interested in learning about bitcoin basics, the technical operation of bitcoin, or if you're building the next great bitcoin killer app or business. From using a bitcoin wallet to buy a cup of coffee, to running a bitcoin marketplace with hundreds of thousands of transactions, or collaboratively building new financial innovations that will transform our understanding of currency and credit, this book will help you engineer money. You're about to unlock the API to a new economy. This book is your key.
Msg me if you want me to add another book!
submitted by bjarkespades to ethereum [link] [comments]

Blockchain Revolution - Don Tapscott, at USI - YouTube Bitcoin Chart Technical Analysis for 03-11-2019 Don Tapscott changes his view on the Bitcoin Blockchain Technology Future of Bitcoin, blockchain & DeFi? Don Tapscott ... ⚠️DANGER? Bearish Bitcoin Charts showing up now! Facebook libra News⚠️

What is the blockchain? If you don’t know, you should; if you do, chances are you still need some clarification on how it actually works. Don Tapscott is here to help, demystifying this world-changing, trust-building technology which, he says, represents nothing less than the second generation of the internet and holds the potential to transform money, business, government and society. In the closing keynote for Virtual Blockchain Week, acclaimed author Don Tapscott argued DLT is the foundational technology of “the second digital era.” To close out Virtual Blockchain Week, best Don Tapscott: Blockchain Enabled P2P Trust For First Time in History Book review of Don Tapscott’s collaborative ‘Supply Chain Revolution’ A detailed explanation of how blockchain is being applied to transform a variety of supply chains Author Don Tapscott’s latest book Supply Chain Revolution highlights opportunities for transformation that blockchain can bring to what the book calls a $50 trillion supply chain industry issue. This Ted Summit speech by Don T... categories. Blog About. Cryptocurrency Exchanges ... How To Mine Bitcoin. Cryptocurrency Forums. Coin Payments. Best Blockchain Books. Tradingview Bitcoin . Bitcoin Nodes. Blockchain Security. Cryptocurrency Beginners. Crypto Calendar. Cryptocurrency Statistics. Bitcoin Legal. Crypto Video Knowledge. Cryptocurrency Mining. Advertising Cryptocurrency. Useful ... Don Tapscott (geb. 1. Juni 1947) ist ein kanadischer Unternehmensleiter, Autor, Berater und Redner, der in spezialisiert Geschäftsstrategie, Organisations und die Rolle der Technologie in Wirtschaft und Gesellschaft.Er ist der Geschäftsführer der Tapscott - Gruppe und der Mitgründer und Executive Chairman des Blockchain Research Institute.

[index] [21786] [12527] [39258] [35264] [16617] [678] [21221] [49536] [17645] [38430]

Blockchain Revolution - Don Tapscott, at USI - YouTube

After giving a talk to students at a Toronto school, Don Tapscott was asked about his perspective on Bitcoin. Don Tapscott explains cryptocurrencies like Bitcoin's underlying technology: the blockchain. Don Tapscott is a Canadian business executive, author, consultan... How the blockchain is changing money and business Don Tapscott - Duration: 18:50. TED 2,246,787 views. 18:50. ... THIS BITCOIN CHART IS MOONING and nobody is talking about it!!! - Duration: 10 ... Information and subscription on http://www.usievents.com The first generation of the digital revolution brought us the Internet of information. The second ge... #Bitcoin#DeFi#blockchain DeFi protocols like yearn.finance, Serum, Polkadot are booming again! I will reveal my crypto alt coins portfolio in the next video ...

#